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Nov 16, 2012
11/12
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you go back before president ronald reagan came to washington we have higher tax rates on the incomes savings and economists have been arguing for ever that it is the wrong way to go that it discourages, sitting and discouraging investment and overtime they've come down to the state to go back in the direction of putting heavier burdens. >> what about the notion. that's just a heavy left isn't it? stat it's exactly the same rhetoric and the same politics base broadening, lowering tax reform coming you saw in the recent presidential campaign we have a candidate running on the 20% rate and 25% rate you might think in washington that means we are going to end at 26.5 until you try to figure out how to pay for it, and the politicians will talk about rolling back loopholes but when you actually look at them that tax policy decisions that have been made about the depreciation and manufacturing and the energy industry all of which have significant constituencies behind them and all of which are difficult to address. islamic of course we haven't had a whole lot of folks at least i've heard of
you go back before president ronald reagan came to washington we have higher tax rates on the incomes savings and economists have been arguing for ever that it is the wrong way to go that it discourages, sitting and discouraging investment and overtime they've come down to the state to go back in the direction of putting heavier burdens. >> what about the notion. that's just a heavy left isn't it? stat it's exactly the same rhetoric and the same politics base broadening, lowering tax...
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Nov 16, 2012
11/12
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art laugher, former economic advisor to president ronald reagan with me today. art, good morning to you and welcome back. >> how are you, bill? bill: doing fine. thank you for your time. i look at some issues share with producers today. you say this is really serious and you underscore that. everybody considers it serious. you worked at the white house. you were in on these meetings. is this a forum for negotiation or is this -- what happens? >> it is a little talking to. they will both come in with their sides, their positions. there will be some sort of testing of the waters. we will see how responses are afterwards. we'll see aggressive play. then you will see which side starts giving in. we'll be following that in the next couple weeks. but obama has made it very clear, he believes he has a mandate but he really doesn't. he only got barely over 50% of the vote. reagan got 59% of the vote in his second term. the nixon won everything except massachusetts. so this is by no means a mandate. republicans still control the house. bill: let me be a little more speci
art laugher, former economic advisor to president ronald reagan with me today. art, good morning to you and welcome back. >> how are you, bill? bill: doing fine. thank you for your time. i look at some issues share with producers today. you say this is really serious and you underscore that. everybody considers it serious. you worked at the white house. you were in on these meetings. is this a forum for negotiation or is this -- what happens? >> it is a little talking to. they will...
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Nov 20, 2012
11/12
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when democrats had won elections for almost 60 years in the united states and ronald reagan and the republicans took power away from the democrats in the 1980s there was an effort on the democratic side to modernize the democratic party to move it away from things that were no longer working as america changed. i think that's what the republicans will have to do. they were very successful in the latter part of the 20th century. they have to reapply their values, to a new america, a new economy, i want to agree with ka*eufplt you can see some of those leaders out there, bobby jindal and chris christie, and susana martinez, there is a very strong next bench for the republicans that could lead the generational change that is going to happen. it may not be a 20-year process but i don't think it will snap back right away. jon: it seemed to me that governor romney put out a pretty positive campaign talked about, you know, the middle class and trying to restore people. how much of this is -- i don't know, how much of this is the trashing of the romney campaign at the hands of some of the democratic-le
when democrats had won elections for almost 60 years in the united states and ronald reagan and the republicans took power away from the democrats in the 1980s there was an effort on the democratic side to modernize the democratic party to move it away from things that were no longer working as america changed. i think that's what the republicans will have to do. they were very successful in the latter part of the 20th century. they have to reapply their values, to a new america, a new economy,...
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Nov 17, 2012
11/12
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that was one of the solar panels that jimmy carter put on the white house in 1979 and ronald reagan took down in 1985 because he wanted manlier forms of energy. it's not that we lack -- germ and china have better technology. >> that and put it in his private museum in china? i love that story. >> we have the technology. we have the entrepreneurs. we just don't have the political will to do anything with it because we've got the koch brothers and exxon and everybody else in the way. >> we also have a reflexive ideological resistance to government playing a big role. i actually talked to mitt romney's policy director a few weeks before the election. i asked him, you know, what do you think government can do to make coal cleaner, carbon capturing sequestration by doesn't exist on a usable scale. he said i don't think government should play a role at all. there you go. there's the barrier. >> government should play no role except tonight provide massive subsidies to the fossil fuel industry decade after decade. >> can the subsidy for cleaner coal. >> this is where the tax extenders issue whi
that was one of the solar panels that jimmy carter put on the white house in 1979 and ronald reagan took down in 1985 because he wanted manlier forms of energy. it's not that we lack -- germ and china have better technology. >> that and put it in his private museum in china? i love that story. >> we have the technology. we have the entrepreneurs. we just don't have the political will to do anything with it because we've got the koch brothers and exxon and everybody else in the way....
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Nov 17, 2012
11/12
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back in 1982, even the gop hero ronald reagan instituted one of the largest tax increases in modern american history. what's going on? i this i it comes down to one important word, than word actually isn't taxes. it's power. here at the fiscal cliff base camp are the same players in the same chairs, the same issues as 2011 but man, the power dynamics have changed. if last year the name of the game was hold the line, this year the opening salvos are more about let's get things done. here is house speaker john boehner yesterday after meeting with the president. >> i believe that the framework that i've outlined in our meeting today is consistent with the president's call for a fair and balanced approach. to show our seriousness, we've put revenue on the table. >> now, in politics, much of power is about perception. in a post re-election 2012, perceptions are mighty different. here's the president at his first post re-election press conference on wednesday. >> if there was one thing that everybody understood was a big difference between myself and mr. romney, it was when it comes to how we redu
back in 1982, even the gop hero ronald reagan instituted one of the largest tax increases in modern american history. what's going on? i this i it comes down to one important word, than word actually isn't taxes. it's power. here at the fiscal cliff base camp are the same players in the same chairs, the same issues as 2011 but man, the power dynamics have changed. if last year the name of the game was hold the line, this year the opening salvos are more about let's get things done. here is...
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Nov 14, 2012
11/12
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think of ronald reagan and tip o'neill reforming social security. ronald reagan and tip o'neill doing the last comprehensive tax reform. bill clinton and republican congress doing welfare reform and balancing the budget. we look forward to making this divided government productive for the american people. and we have, of course, as everyone well knows, a lot of challenges here at the end of the year. i'll be meeting with the president and the other leadership on friday to talk about the way forward. and we look forward to being a part of the solution to these significant problems. it's my plesh shoe now to turn to our newly elected whip, senator john cornyn of texas. >> thanks, mitch. it's an honor to be elected by my colleagues to serve as the whip. the assistant leader on the republican side. as leader mcconnell said, we have a lot of very difficult work to do, but we are committed to working with our colleagues across the aisle to solving the nation's urgent problems. we know what those are in the lame duck. we know what those are going forward.
think of ronald reagan and tip o'neill reforming social security. ronald reagan and tip o'neill doing the last comprehensive tax reform. bill clinton and republican congress doing welfare reform and balancing the budget. we look forward to making this divided government productive for the american people. and we have, of course, as everyone well knows, a lot of challenges here at the end of the year. i'll be meeting with the president and the other leadership on friday to talk about the way...
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Nov 16, 2012
11/12
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ronald reagan like barack obama inherited a struggling economy. and reagan implemented policies 180 degrees opposite those of obama. instead of jacking up taxes, he slashed taxes. instead of exploding spending and the debt, he restrained the growth of spending and instead of unleashing the hounds of regulators, by the way, when i think of regulators, i can't help thinking of mr. burns saying "release the hounds!" [laughter] >> instead of releasing the hounds of regulators on small businesses and entrepreneurs, reagan limited regulation and the result was one of the most extraordinary bursts of economic productivity our nation has ever seen. the fourth year of reagan's presidency was 1984, the same as the fourth year of obama's presidency. anyone know what g.d.p. growth was in 1984, 7.2%. our ideas work. their ideas don't. if you want growth, if you want jobs. if you want the 23 million people struggling to find work to get jobs, the answer is simple. you need growth and to get growth, you got to reduce and simplify the tax burden, reduce regulatio
ronald reagan like barack obama inherited a struggling economy. and reagan implemented policies 180 degrees opposite those of obama. instead of jacking up taxes, he slashed taxes. instead of exploding spending and the debt, he restrained the growth of spending and instead of unleashing the hounds of regulators, by the way, when i think of regulators, i can't help thinking of mr. burns saying "release the hounds!" [laughter] >> instead of releasing the hounds of regulators on...
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Nov 17, 2012
11/12
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the statistics you compare that to us when ronald reagan ran for reelection in 1984, the similar situation he raised money for his primary and the party come even though he took the public general election funding he attended for fundraisers in that year. what are we doing when we have the president running around? as i recall the nevada event after libya was a fundraiser. this is the fourth of his time in office is this election year and a spinning in a fundraisers. romney skeen skeen videotaped it is fundraisers talking about the 47% in a private room with people that's what they want to hear. that's who he's meeting with all the time. so this is a problem for both sides and were going to see the pressure in the house and senate races. >> we only have a minute left, but it does to hear if there is an action of some sort taken to compel disclosure or the higher degree of independence for whatever measures the face. the vision of the future two, three, four cyclists on the road butter politics is going to look like. you were describing a minute ago the growth of the party structure compose
the statistics you compare that to us when ronald reagan ran for reelection in 1984, the similar situation he raised money for his primary and the party come even though he took the public general election funding he attended for fundraisers in that year. what are we doing when we have the president running around? as i recall the nevada event after libya was a fundraiser. this is the fourth of his time in office is this election year and a spinning in a fundraisers. romney skeen skeen...
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Nov 13, 2012
11/12
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tip o'neill and ronald reagan got together and saved the program. sometimes you need to adjust to change the thing you care most about. tip o'neill did not sell off the democratic party by embracing that. if we do it in a responsible way that doesn't gut the program, i think the base of the party will understand. the alternative is doing nothing with bad damage to the economy, or the right wing of the republicans coming in and taking over and their answer to the solution would be much more draconian. host: jack in kentucky. caller: i have one question. can you guarantee -- guest: i thought you're going to ask why indiana university and kentucky and not playing basketball this year. for the first time they are now playing and we are rivals. i cannot talk about classified information on tv. things like stinger missiles are very problematic and we do everything we can to keep track of them. muammar gaddafi stockpiles of weapons, surface- to-air missiles and we're doing everything to track those down and secure them. the region was awash in those things
tip o'neill and ronald reagan got together and saved the program. sometimes you need to adjust to change the thing you care most about. tip o'neill did not sell off the democratic party by embracing that. if we do it in a responsible way that doesn't gut the program, i think the base of the party will understand. the alternative is doing nothing with bad damage to the economy, or the right wing of the republicans coming in and taking over and their answer to the solution would be much more...
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Nov 16, 2012
11/12
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ronald reagan's second term. my heart and my best intentions still tell me that's true, but the facts and the evidence tell me it is not. >> the iran contra affair. bill clinton. >> i did not have sexual relations with that woman. impeached after the lewinsky mess. . that's trouble for roughly 100% of reelected presidents since 1972. enough to give you second thoughts about that second term. so, is there anything the obama team can do to prevent this? now, as bill clinton might say -- >> it depends upon what the meaning of the word is. >> the fact is, if there is going to be a second term scandal, it's seeds were probably sewn in the first term. the watergate break in, nixon's first term -- >> if the obama team was going to mess up, history suggests they already did. maybe it's something that has made headlines already, but maybe not, the lewinsky scandal didn't surface in 1998, maybe the obama administration will make it's own history and avoid a second term scandal. if not, disney world will seem very appealing
ronald reagan's second term. my heart and my best intentions still tell me that's true, but the facts and the evidence tell me it is not. >> the iran contra affair. bill clinton. >> i did not have sexual relations with that woman. impeached after the lewinsky mess. . that's trouble for roughly 100% of reelected presidents since 1972. enough to give you second thoughts about that second term. so, is there anything the obama team can do to prevent this? now, as bill clinton might say...
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Nov 13, 2012
11/12
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administrator, thanks for being here at ronald reagan international airport. as we look at the holiday fast approaching, thanksgiving next week, we are anticipating a busy travel seasons once again and the men and women of t.s.a. are standing at the ready to provide the most effective security in the most efficient way. this year we're anticipating over 24 million passengers traveling during the thanksgiving holiday period, and as you know, that can create both challenges and opportunities for the traveling public especially those that travel infrequently. so part of the reason of being here today is to ask those infrequent travelers to visit the t.s.a. website to understand the screening process in a way that will help all those others in line to deal with the longer lines that we usually see. this has been a busy and productive year for t.s.a. as we've focused on developing and testing and implementing a number of what we call risk-based security initiatives. things that are enabling understand to again provide the most effective security
administrator, thanks for being here at ronald reagan international airport. as we look at the holiday fast approaching, thanksgiving next week, we are anticipating a busy travel seasons once again and the men and women of t.s.a. are standing at the ready to provide the most effective security in the most efficient way. this year we're anticipating over 24 million passengers traveling during the thanksgiving holiday period, and as you know, that can create both challenges and opportunities for...
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Nov 13, 2012
11/12
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bill bradley and i started with the first bill on this, and then ronald reagan picked it up and really carried at, and we got it done in a bipartisan way. when we did our original bill, we took out a mortgage deduction, we took out the charitable deduction, we took out everything, and we got right down to christie, it was 10%, 50%, 25% was the top rate, and we thought it was an elegant bill, but it could not pass muster political. we had all the real estate people and all the mortgage bankers and everybody came to town and said you get rid of the mortgage interest deduction is the end of the world, so we lost that. and all the university presidents and all the priests and all the other charities came and said you cannot get rid of that. the only thing we call on to was state and local income tax, and how we hang -- hung on to that i would never know. in the end, we were able to lower individual rates by taking more money from the corporate side, which i do not think you can do now. everybody is saying that corporate rate is too high in america, said to be competitive we have to get at
bill bradley and i started with the first bill on this, and then ronald reagan picked it up and really carried at, and we got it done in a bipartisan way. when we did our original bill, we took out a mortgage deduction, we took out the charitable deduction, we took out everything, and we got right down to christie, it was 10%, 50%, 25% was the top rate, and we thought it was an elegant bill, but it could not pass muster political. we had all the real estate people and all the mortgage bankers...
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Nov 17, 2012
11/12
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, it tried to put facts behind ronald reagan saying we fought a war on poverty and poverty won. he basically argued the welfare state had hurt poor people particularly african-americans by discouraging marriage, encouraging laziness, encouraging people to have children out-of-wedlock. he put all the blame on poverty programs. as i was writing this book charles murray writes another book called coming apart:the state of white america and charles murray is now basically saying the same thing about white lower class, really working class men, white men, that he was saying about african-americans in the 80s, that they are working less and getting married less frequently not because of any change in the economy or in culture but because they can be supported by government. he also blamed feminism and that is very interesting. he really has an analysis that says working-class white people struggling because they are lazy and don't get married and hook up. so i started to think white people are starting to say the same thing about you, so mitt romney's 47% remark where he was talking a
, it tried to put facts behind ronald reagan saying we fought a war on poverty and poverty won. he basically argued the welfare state had hurt poor people particularly african-americans by discouraging marriage, encouraging laziness, encouraging people to have children out-of-wedlock. he put all the blame on poverty programs. as i was writing this book charles murray writes another book called coming apart:the state of white america and charles murray is now basically saying the same thing...
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Nov 18, 2012
11/12
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kennedy, a democrat and the '80s, of considers under ronald reagan and george w. bush's tax rates in 2003. it's interesting, i found two universal effects of those tax cuts. first, in every instance we cut the rates, the economy worked faster. it did work, mr. president, we got a lot of growth. but the second may be more interesting, is that guess what happened to the share of taxes paid by the rich. they went up, in fact, if you want to get more money, mr. president, out of rich people, cut their tax rate, don't raise them, because history proves it. >> dave: certainly did in the reagan years and another peace in the wall street journal a couple back, clinton rates, raised top tier 39.6 and as the authors of that piece said produced the one period of shared prosperity not because they raised taxes, but certainly lead to growth, right? >> no question. the 1990's was a prosperous era, but i think that sometimes people get a little of that history wrong what happened in the 1990's, president clinton raised taxes in the first year in office and remember, the first tw
kennedy, a democrat and the '80s, of considers under ronald reagan and george w. bush's tax rates in 2003. it's interesting, i found two universal effects of those tax cuts. first, in every instance we cut the rates, the economy worked faster. it did work, mr. president, we got a lot of growth. but the second may be more interesting, is that guess what happened to the share of taxes paid by the rich. they went up, in fact, if you want to get more money, mr. president, out of rich people, cut...